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March 29, 2019CANADA GDP BY INDUSTRY, JANUARY 2019 
Real GDP in Canada increased 0.3 per cent in January which offset the decline the occurred over the previous two months. In January, output was up 0.6 per cent in goods sector led by construction and manufacturing and service output increased 0.2 per cent with gains in all but one sector. Compared to January 2018, the Canadian economy is 1.6 per cent larger with an annualized value of $1,950 billion (chained 2012 dollars).
The output of the goods-producing industries was up 0.6 per cent in January 2019. The manufacturing sector had a broad-based increase of 1.5 per cent, offsetting declines in November and December. Gains were seen in non-durable manufacturing (1.9%) that offset declines the previous four months led by food, petroleum and coal, and chemical manufacturing. Durable manufacturing rose 1.2 per cent led by transportation equipment.
Construction activity grew for first time in eight months with a 1.9 per cent expansion in January, the fastest pace since July 2013 with all types of activity increasing. Residential construction was up 3.1 per cent with continued growth in for home alterations and improvements and multi-unit housing construction. Singles and semi-detached activity picked up. Non-residential construction was up 0.7 per cent after five consecutive monthly declines- gains occurred in industrial, commercial and wholesale. Engineering and other construction (+1.7%) rose for the first time in 14 months.
Mining, quarrying and oil and gas extraction continues to decline with a 3.1 per cent drop in January. Oil sands extraction was down for the third consecutive month, in part due to the Government of Alberta's temporary cut in oil production policy. Mining (except oil and gas) was down 4.0 per cent on lower potash, other non-metallic mining, and metal ore mining while coal mining expanded.
Wholesale trade increased 0.8 per cent across seven of nine subsectors. Leading growth was building materials, personal/household, and machinery/equipment. Retail trade was unchanged with gains in clothing, gasoline stations, building materials being offset by declines in general merchandise and motor vehicles.
Real estate, rental and leasing grew 0.4 per cent with higher activity for real estate agents and brokers following four months of decline. Service sector output generally increased with the exception of a decline in accommodation and food service. The public sector (education, health and public administration) had a 0.2 per cent increase in January.
Comparing the size of the Canadian economy in January 2019 with January 2018, there has been a 1.6 per cent increase due to higher service sector output (+2.2%) while the goods-producing sector is 0.1 per cent smaller. Lower activity in construction has offset higher agriculture, forestry, fishing and hunting; manufacturing and utilities. Service sector output is higher across all subsectors, except management of companies were it is essentially unchanged, with the largest increases in professional, scientific and technical services subsectors. Retail (+0.8 per cent) and wholesale (+0.8 per cent) have seen the smallest increases over the past year.
Statistics Canada. Table 36-10-0434-01 Gross domestic product (GDP) at basic prices, by industry, monthly (x 1,000,000)
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